When looking for the best condo in town, the price could be a major issue. But trust us when we say that money isn’t the only issue here, as there are a few more things that you need to consider when buying a condominium unit, especially if it’s your first time buying a condo unit.
Getting a good deal for a condo unit doesn’t have to include pre-sale speculation and market timing. All you need to do is to make some research, do some inspections, and observe the condo’s area of where you’re about to live in. Now here’s how you can get the best the best deal of condo in KL.
- Learn How the Building Charge for Fees
When buying a condo unit, you should not only think about the unit’s price but also the charges for fees. Living in a condo unit is like living in a subdivision, you’ll have to pay for some taxes or fees like the service for garbage, pool access, gym access, the security of the place, and other stuff that the condo’s building offers.
- Consider Buying a Used Condo Unit
If you want to save a bit of money when buying a condo unit, then you should consider buying a used unit that is still in a good shape. This is one of the things that you could do to get the best deal of condo for sale in kl.
This is because most of the time they sell the unit a bit less than its original amount, while owners sell their units for a higher price, but the unit is already fully-furnished. This way, you no longer have to trouble yourself by purchasing excess furniture for your unit.
- Check the Developer’s Reputation
Before you go signing a contract, you should first check on the developer’s reputation, especially if the units are still in the pre-selling stage, as this would determine whether the condo would be completed or not.
There are some cases where the projects have been halted or canceled because the developer had run out of money, which is why it is important to check their track record and reputation first.
- Parking Space
If you think that the condo units are already expensive, then wait till you hear about how much their parking spaces costs. Therefore, if you own a car then you might want to consider adding in several thousand in your budget for that small parking space.
You can also consider getting the parking space and rent it to others for a few bucks a day, this way, you can at least get some of the amounts you paid for the parking space. Or you can just rent for the other’s parking space if you don’t usually spend your time at the condo.
- The Location
Consider observing the condo’s location if it’s too far from the main city, if it’s too loud outside, or if the unit available is on the highest floor of the building. Some potential buyers prefer purchasing a unit that is not too far from the buildings on the main floor, especially if they are always on the go. Living at the top of the condo building can be quite tiring.
Aside from those listed above, also consider the safety of the place. This way, not only will you be assured that you’re living in a safe place, but you’ll also be satisfied once you hear how good of a deal it is.
Aside from the expenses, the safety of the place, and their services, as a resident of a condo unit, you’ll also have to abide by their rules and regulations. If you think that some of their rules aren’t a great deal for you, then you are free to look for another unit in another place.